North East Development Commission sets up N6bn Education Fund

The North-East Development Commission, NERC has set up an Education Endowment Fund worth N6 billion to improve human capital development.

The Chairman, North East Development Commission NEDC, Retired Major General Paul Tarfa explained that the project was part of measures to enhance educational development of the North East.

“Displaced Children are many in NorthEast States from Adamawa,Bauchi,Borno, Taraba,Gombe and Yobe but with this Fund, majority of these affected people will be liberated and empowered.” General Tarfa stated.

The Managing Director of the North East Development Commission, Alhaji Muhammed Alkali, maintained that the fund would be managed by people of integrity to achieve the set goals.

He said, ”I’m very optimistic with the set of people inaugurated as Board of Trustees for the this fund. Definitely, we will achieve desire results.”

The Chairman, Board of Trustees, Mr. David Kente expressed the determination of the Board to collaborate with relevant agencies including International donors to add value to education and Infrastructure development in the area.

Mr Kente added that the Board would ensure regular awards of scholarships for graduate and post graduate studies and entrepreneurial assistance for the six member states of Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe.